Online Payment Gateways, Why You Need One

Apr 18, 2022 Webinar

Manually confirming payments can be a hassle process for business owners. But it doesn’t always have to be this way. Our E-Store provides merchants the ease of creating a website and an online presence.  It includes payment gateways and other features that will make the experience for both the merchants and customers convenient.

Having a hard time managing customer payments? Learn our discussion with Paymongo on how an online payment gateway can help your business grow, and boost your sales.

What is a payment gateway?

A payment gateway is a system in which customers pay for their transactions through the merchant’s website using their credit card or other digital wallet. This type of payment removes the hassle of visiting the physical store or going to a bank for the customer to transfer their payment. This also protects merchants from fraud or scam payments. 

Ever since the pandemic, everyone has been used to paying online. This allowed businesses to be more adaptable and give customers a seamless payment method when they shop online making their transaction process simple and hassle free! 

Who is Paymongo?

Since 2019, Paymongo has been building tools for online businesses to easily and securely accept payments and manage their e-commerce finance. They are now supporting over 15,000 businesses of all sizes, whether you’re accepting payments through a website, an app or social media.

Why Paymongo?

Paymongo was born out of the pain points that they have observed when businesses availed payment services. They used those observations as reference on how to provide a better and less stressful service for both business owners and customers. With Paymongo, you won’t have to worry about the setup costs, long paperworks and tedious process of onboarding. This results  in having more time to focus on your business’ marketing goals. Below are the list of Paymongo’s main products:

  1. Payment Links are best if you are selling through social media. You only need to create a one time link and provide it to your customer. This link accepts credit card, debit card, e-wallet and over the counter payments. It’s an easy two step process.
  1. Payment Pages is a reusable link that allows you to collect as many payments as you need. This can be set if you want to have a fixed amount for one page if you prefer to have an open field where the customer can input the amount for checkout.
  1. Robust APIs can be used if you are building a custom built website of your app from scratch. You can use Paymongo’s API when you are building the checkout feature to add VISA, MasterCard, Gcash, GrabPay and PayMaya into your website.
  1. With ECommerce Plug-ins, you won’t have to do any coding or engineering to accept payments. 

Paymongo All-In-One Dashboard 

Whether you’re accepting payments on social media, an app or your website, you only have one centralized dashboard to track and manage all of your payments from all of your online E-commerce channels. In your dashboard, you can easily view up and coming payouts, issue refunds and export all your transaction history from all the transactions you receive and payouts that will be sent to your bank account.

Interested to set up a friendly online store for your customers with various online payment getaways? Contact us. 

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